The SEC is training its trading abuse focus on fund fiduciaries and "third parties," said Martin Healey, an enforcement officer with the SEC, Bloomberg News reported.

The remarks were made at a Worchester, Massachusetts conference held by the Massachusetts Public Employee Retirement Administration Commission.

Those named include mutual fund directors, trustees, lawyers, accountants and auditors.

"The first wave of enforcement actions and prosecutions, first in the financial fraud area and then in mutual funds, went directly to the fraud and to the folks who were the primary violators," said Healey. "The next wave has been and will continue to be to look at those gatekeepers and hold them up to their fiduciary responsibilities," he continued. 

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